Crisis, Austerity and Cohesion. Europe‘s Stagnating Inequality

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Series Details April 2014
Publication Date 2014
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Europe's high inequality, systematically underestimated by the EU, has been falling for many years thanks to catchup growth in the poorer countries and despite often increasing inequality within member states. Crisis and austerity have curbed this development, however. After inequality rose again during the great recession of 2009 and the subsequent brief recovery things are now going sideways in the context of generally weak growth.

Source Link Link to Main Source http://library.fes.de/pdf-files/id/ipa/10672.pdf
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